Each month we explore the regional housing markets of San Diego and Orange County; from city by city sales data to inventory, inflation, mortgage rates and, other economic factors and trends. Real estate is, by nature, local, and our markets may not be entirely reflective of national trends—especially since we benefit from the unique luxury…
Weekly Win: Sotheby’s International Realty Recognized in Swanepoel Power 200 Index The Swanepoel Power 200 (SP 200) ranks the most influential executives in the residential real estate brokerage industry. Several leaders within the Sotheby’s International Realty® network were recognized as part of the list: · Philip White, Sotheby’s International Realty · Budge Huskey, Premier…
Newport Beach is one of Southern California’s most scenic places to live. Fishing and tour boats ply the waterways, and a mixture of residents and tourists are out and about, walking the streets and sidewalks browsing, shopping, and looking for something to drink or a bite to eat. The city boasts over six miles…
Welcome to the Sotheby’s International Realty 2023 Luxury Outlook report, our third annual in-depth exploration of high-end residential markets across the globe. We hope this report helps you navigate this fast-moving and ever-changing real estate market. While conventional wisdom about supply and demand and interest-rate fluctuation would suggest luxury home prices should be falling, we simply…
With more than 3 million residents, Orange County, California is the sixth most populous county in the entire United States. With all those people and their accouterments, you wouldn’t think there would be much space to get out and enjoy the great outdoors – because, really, how much great outdoors can there be? The…
There is light sooner than later. The trend is your friend: -Lower than expected inflation numbers -Stock market is up -Average day on market remains low -Homes priced right are selling -Average sales price is only slightly down 2023 Southern California Real Estate Forecast 1. Low inventory to start the year = under 2,900…
